It’s the time of the year where public companies filed their proxy statements with the Securities and Exchange Commission, and we peons find out how much money America’s corporate elite made last year.
In the case of HSN CEO Mindy Grossman, it’s less than 2013, but nothing that we would sniff at. Grossman’s comp was $4.9 million in 2014, compared with $13.8 million in 2013.
As the Tampa Bay Business Journal explained, the gap in Grossman’s comp is deceiving and really “a paper distinction,” since she received all stock awards in 2013 but they will vest over the coming years.
Last year Grossman’s salary was $1.2 million, with a $1.2 million incentive bonus and the rest stock options.